The historical rank and industry rank for Radius Recycling's Pretax Margin % or its related term are showing as below:
RDUS'
s Pretax Margin % Range Over the Past 10 Years
Min: -10.47 Med: 1.74 Max: 7.54
Current: -2.44
RDUS's Pretax Margin % is ranked worse than 84.08% of 603
companies
in the Steel industry
Industry Median: 3.69
vs RDUS: -2.44
Radius Recycling Pretax Margin % Historical Data
The historical data trend for Radius Recycling's Pretax Margin % can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Competitive Comparison of Radius Recycling's Pretax Margin %
For the Steel subindustry, Radius Recycling's Pretax Margin %, along with its competitors' market caps and Pretax Margin % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Radius Recycling's Pretax Margin % Distribution in the Steel Industry
For the Steel industry and Basic Materials sector, Radius Recycling's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where Radius Recycling's Pretax Margin % falls into.
Radius Recycling Pretax Margin % Calculation
Pretax margin - also known as pretax profit margin is the ratio of Pretax Income divided by net sales or Revenue, usually presented in percent.
Radius Recycling's Pretax Margin for the fiscal year that ended in Aug. 2023 is calculated as
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
The pretax margin, as know as pretax profit margin, is widely used to measure the operating efficiency of a company before deducting taxes.
The pretax margin is sometimes preferred over the net margin as tax expenditures can make profitability comparisons between companies misleading.
It is a useful tool to compare companies operating in the same sector and less effective when comparing companies from other sectors as each industry generally has different operating expenses and sales patterns.
The long term trend of the pretax margin is a good indicator of the competitiveness and health of the business.
Radius Recycling Pretax Margin % Related Terms
Thank you for viewing the detailed overview of Radius Recycling's Pretax Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.
Radius Recycling (Radius Recycling) Business Description
Schnitzer Steel Industries Inc is one of the ferrous and nonferrous scrap metal recyclers in the U.S. Its metal recycling business collects and recycles auto bodies, rail cars, appliances, machinery, and construction demolition. Additionally, Schnitzer operates an auto-parts business that purchases obsolete vehicles and sells any useful parts to retail customers and a steelmaking business that supplies construction products along the U.S. West Coast.
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